Instead of predicting a collapse of the job market, MIT economist David Autor is warning that AI could create a "Mad Max" scenario, filled with cheap and commoditized labor. Autor made his grim prediction during an interview on the "Possible" podcast, hosted by LinkedIn cofounder Reid Hoffman and his chief of staff Aria Finger. When asked whether he thought society is headed towards a "Wall-E" scenario — where "people sit around on hovercraft armchairs watching holographic TV" — or a "Mad Max" scenario, where "there's no work to do and everyone's bored," Autor had an insightful answer. "The more likely […]